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Macau casino stocks rip higher

  • Macau-related casino stocks rip higher as sentiment leans back toward the sector seeing relatively smooth credit terms for the VIP segment. The sector has been sensitive to any signs of a credit slowdown from Chinese banks that could impact traffic to Macau by junket operators.
  • Gainers: Melco Crown (MPEL) +6.5%, Las Vegas Sands (NYSE:LVS) +5.0%, Wynn Resorts (NASDAQ:WYNN) +4.7%, MGM Resorts (NYSE:MGM) +4.1%.

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MLCO--
Melco Resorts & Entertainment Limited